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Fitch Upgrades 2 and Affirms 10 Classes from 2 GMAC Mortgage Corp ... - Business Wire (press release)
Fri, 09 Mar 2007 19:19:19 GMT
Fitch Upgrades 2 and Affirms 10 Classes from 2 GMAC Mortgage Corp ... Business Wire (press release), CA - The mortgage loans consist of 30 and 15-year fixed-rate mortgages. Both transactions are extended to prime borrowers and are secured by first liens on one- ... Fitch Downgrades Primary Servicer Rating on New Century Mortgage's ... Fitch Upgrades 9 & Affirms 9 RMBS Classes from 3 RALI Securitizations Fitch Upgrades 3 & Affirms 23 Classes from 4 CSFB Securities Corp ... |
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Funds: Ripples from mortgage shakeout
09 Mar 07 07:03:00 UTC
Herald Tribune - BOSTON: Ronald Muhlenkamp's $2.4 billion Muhlenkamp Fund, which lost value just once in the past 12 years, is getting hurt by the shakeout in the U.S. mortgage market. Muhlenkamp's mutual fund has dropped 4.8 percent since the start of this year, the ...
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General Electric's WMC Mortgage Cuts Subprime Jobs (Update1) (Bloomberg.com)
Fri, 09 Mar 2007 15:04:48 GMT
March 9 (Bloomberg) -- General Electric Co.'s U.S. mortgage unit will eliminate 460 jobs, or 20 percent of staff, as it curtails lending amid a rise in defaults by people with poor credit.
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How do mortgage lenders get in trouble? They take big risks (USA Today)
Fri, 09 Mar 2007 01:38:54 GMT
Q: How do mortgage companies like New Century Financial (NEW) lose money since they require 20% down from borrowers?
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Mortgage Refinancing For Undertaking Home Improvements! - American Chronicle
Fri, 09 Mar 2007 18:29:13 GMT
Mortgage Refinancing For Undertaking Home Improvements! American Chronicle, CA - If you’ve been paying your mortgage installments and you have some equity available on your home, you can refinance your home loan and take some cash out of ... Tennessee Home Loans Expert The Mortgage Depot Announces New ... |
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